Wednesday, 20 July 2011

Deckchairs on the "Titanic"

How often do we ignore the obvious and subsequently ask ourselves “why did that go wrong?”
A large number of companies fail to address problem issues early enough to avoid an oncoming crisis.
The signs of a troubled business are all too apparent – these include lack of controls, lack of strategic vision, a demotivated workforce and obsolete or valueless stocks etc
Instead of grasping these nettles, often the preferred option is to engage in a totally pointless exercise such as a rebranding exercise or the launch of another product range destined to fail for the above reasons.
The operating style of many doomed companies can be likened to the exercise of rearranging deckchairs on the “Titanic”

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